#TrumpVsPowell Recently, the financial markets have witnessed tensions between former President Donald Trump and Federal Reserve Chairman Jerome Powell. Here are some key points regarding this conflict and its impact on the currency market:

1. **Tensions between Trump and Powell:**

- On April 18, 2025, Trump renewed his criticisms of Jerome Powell, accusing him of "politicking" through his decisions related to monetary policy.

- Trump called for "ending" Powell's term, raising concerns about the stability of financial markets.

2. **Reactions in the markets:**

- Senator Elizabeth Warren warned that firing Powell could lead to a collapse in the stock market, reflecting fears of the impact of these tensions on economic stability.

- Despite the criticisms, Powell reaffirmed his commitment to completing his term, which ends in spring 2026.

3. **Impact on the currency market:**

- Such tensions could lead to fluctuations in the currency market, where the US dollar may be particularly affected due to political and economic uncertainty.

- Markets are closely monitoring any new developments in this conflict, as they could influence investors' decisions and trends in the currency market.

These tensions remain a concern for investors, as they could lead to unexpected fluctuations in financial markets.